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WATCH LIVE: Dan Matjila details PIC transaction with Sekunjalo
Former Public Investment Corporation (PIC) boss Dan Matjila is giving clarity on the controversial businessman Iqbal Surve’s Sekunjalo transaction.
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Dan Matjila’s lawyers unhappy with line of questioning at PIC inquiry
Former PIC CEO Dan Matjila has been testifying at the commission into allegations of impropriety at the corporation.
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PIC Inquiry: Dan Matjila to give clarity on Sekunjalo transactions
Former Public Investment Corporation (PIC) boss Dan Matjila started giving his testimony on the transaction on Tuesday, where he clarified that the PIC spent R888.3 million on the deal and not R2 billion as reported by the media.
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Matjila details how a PIC server got compromised
Former PIC boss Dan Matjila has gone into detail about the period when a man known only as James Nogu was distributing emails containing leaked confidential information.
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PIC Inquiry: Dan Matjila to detail his probe into PIC document leaks
Former Public Investment Corporation (PIC) CEO Dan Matjila returns to the PIC inquiry for the ninth day on Tuesday.
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PIC wanted to help VBS growth as black player in banking sector, inquiry hears
The directors of Vele Investments, which is the majority shareholder in VBS, were among those accused of siphoning hundreds of millions of rand out of the bank.
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Matjila rejects claim he accepted R5m bribe to fund VBS Mutual Bank
Advocate Terry Motau’s report on the bank’s collapse lists unsubstantiated allegations that former PIC CEO Dan Matjila accepted a bribe.
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PIC inquiry: Matjila says nothing wrong with visiting ministers at home
Dan Matjila was responding to questions at the commission of inquiry, chaired by retired judge Lex Mpati, on Tuesday.
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GEPF satisfied with PIC's management of its assets, inquiry told
The Government Employee Pension Fund (GEPF)’s principal officer said the PIC had performed according to its mandate and delivered returns on investment.
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Government Employee Pension Fund was ‘not involved’ in Ayo deal
The PIC, which manages more than a trillion-rand of the GEPF funds, invested R4.3 billion in Ayo Technologies in December 2017.
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Dan Matjila expected to continue his testimony at PIC inquiry
Matjila spent most of last week testifying about the corporation’s affairs during his tenure and addressing allegations of political interference and concerns related to questionable investments.
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Ex-PIC CEO Matjila shares details of R1.7bn Tosaco deal
Dan Matjila told the PIC commission that Lawrence Mulaudzi’s Kilimanjaro Capital and Sipho Mseleku’s Sakhumnotho were the finalists to receive funding from the PIC to buy Tosaco shares.
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PIC investment decisions were carefully analysed, inquiry told
The former PIC CEO said while he was at the PIC, no person, especially not him, could approve deals on their own.
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Zweli Mkhize denies soliciting funds from PIC for ANC
The minister, in a statement on Thursday, said as the ANC treasurer-general he never asked for funding from any state-owned entity including the PIC.
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WATCH LIVE: Dan Matjila continues marathon testimony at PIC Inquiry
Former Public Investment Corporation (PIC) CEO Dan Matjila is testifying before the commission of inquiry into the PIC for a fourth consecutive day.
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Mixed reaction to Mboweni’s PIC board announcement
Finance Minister Tito Mboweni has announced some prominent appointments to the interim board, including Maria Ramos, which has been met with surprise.
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Mboweni announces Sarb & interim PIC boards
The chairperson and deputy chairperson of the PIC board were expected to be elected at the first meeting of the board.
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Another Zuma son accused of meddling in state affairs, inquiry hears
Mxolisi Saady Zuma was singled out by former PIC CEO Dr Dan Matjila, who was testifying at the commission into alleged impropriety at the corporation.
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Dan Matjila: Emails were used to engineer my demise
On Wednesday was Matjila's third day on the stand and he gave further insight into the deals that were struck at the PIC and the series of events at the time.
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WATCH LIVE: Dan Matjila in PIC Inquiry hot seat for third day
Matjila is shedding light on affairs at the corporation.
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Dan Matjila: I was invited to meetings by certain ministers
The former PIC CEO gave details on events and operations at the commission during his time as chief investment officer and chief executive officer.
